Deal
HONEYWELL INTERNATIONAL INC acquires SCADAfence
August 2023
Full acquisition
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The deal at a glance
Private-market deal
HONEYWELL INTERNATIONAL INC acquires SCADAfence
Deal value
$52 million
Sector
Industrial Automation
Date
August 2023
VectorShift
Made on VectorShift
HONEYWELL INTERNATIONAL INC acquired SCADAfence for $52 million, a transaction completed in August 2023, structured as all cash.
SCADAfence operates in Industrial Automation, is based in Israel. A provider of operational technology (OT) and Internet of Things (IoT) cybersecurity solutions for monitoring large-scale networks.
Honeywell acquired SCADAfence, a provider of OT and IoT cybersecurity solutions for monitoring large scale networks, adding it to the Industrial Automation reportable business segment.
Adds OT/IoT cybersecurity capabilities to Honeywell's industrial cybersecurity offering. Honeywell Industrial Automation (Honeywell Connected Enterprise / Cybersecurity)
On August 25, 2023, the Company acquired 100% of the outstanding equity interests of SCADAfence, a provider of operational technology and Internet of Things (IoT) cybersecurity solutions for monitoring large scale networks, for total consideration of $52 million, net of cash acquired.
Honeywell FY2025 10-K, Acquisitions note
Advisors not disclosed
No advisory firms have been disclosed for this transaction.